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Rocky Shore Gold Submits Technical Report for Mosquito Hill and Reid Gold Deposits

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#Rocky Shore Gold Submits Technical Report for Mosquito Hill and Reid Gold Deposits

Rocky Shore Gold Ltd. announced the filing of its NI 43-101 Technical Report supporting the mineral resource estimates for its Mosquito Hill and Reid Gold Deposits, part of the Gold Anchor Project located in Grand Falls-Windsor, Newfoundland. The report underlines the company's ongoing efforts to define and validate its mineral resources in a promising gold exploration region.

#Report Details

The Technical Report, prepared by Scott Jobin-Bevans and Curtis Ferron from Caracle Creek International Consulting Inc., confirms a combined total inferred tonnage of 45,427,200 tonnes and 623,085 ounces of gold. An adjustment to the combined gold grade was made, changing it from 0.45 grams per tonne (g/t) to 0.43 g/t, though all other figures regarding tonnage and contained gold remain unchanged.

#Independent Verification

Caracle Creek conducted an independent evaluation to ensure the report's compliance with National Instrument 43-101 standards. The report became effective on March 15, 2026, and reflects a commitment to maintaining transparency and accuracy in resource estimation.

#Mineral Resource Classification

Mosquito Hill and Reid Gold Deposits are categorized under Indicated and Inferred mineral resources, with no Measured Mineral Resources currently defined. The classification is crucial as it indicates potential avenues for future exploration aimed at upgrading resource status, which could enhance economic viability.

#Implications for Future Exploration

The report suggests ongoing exploration opportunities at the Gold Anchor Project. With a strategic location in one of Canada’s less explored gold belts, the project aims to further investigate both the bulk tonnage deposits and high-grade gold targets associated with Intrusion Related Gold Systems (IRGS).

#Financial Support for Progress

In addition, Rocky Shore Gold has received financial backing of $150,000 from the Government of Newfoundland and Labrador, indicating confidence in the project's potential and aiding further exploration efforts.

#Key Takeaways

  • Rocky Shore Gold filed its NI 43-101 Technical Report for the Mosquito Hill and Reid Gold Deposits.
  • The combined total inferred tonnage is confirmed at 45,427,200 tonnes and 623,085 ounces of contained gold.
  • The overall grade was adjusted from 0.45 g/t to 0.43 g/t, while other figures remain unchanged.
  • The report emphasizes the importance of ongoing exploration to upgrade mineral resource classifications.
  • The company received $150,000 in government funding to support its exploration initiatives.

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Frequently Asked Questions

The filing of the NI 43-101 Technical Report signifies a commitment to regulatory compliance and offers a scientifically validated estimate of the mineral resources at Rocky Shore's Gold Anchor Project. Such transparency can enhance investor confidence and potentially attract further investment.
The Technical Report confirms a combined total inferred tonnage of 45,427,200 tonnes and contained gold of 623,085 ounces. These figures affirm the project's substantial resource base, which bodes well for future exploration and extraction efforts.
The resources are classified as Indicated and Inferred, with no Measured Mineral Resources currently defined. This classification highlights the potential for further exploration to upgrade the resource status, which could lead to increased economic viability.
The corrected combined grade is now reported at 0.43 g/t Au. While this revision is slightly lower than previously announced, it does not change the overall resource estimates and maintains the project's attractiveness to investors focused on growth potential.
IRGS are geological formations known to host significant gold deposits. Rocky Shore's targeting of IRGS implies a strategic focus on areas likely to yield high-grade gold, which could lead to future discoveries and enhanced value for shareholders.
The Exploration Potential noted in the report acknowledges the existence of additional unclassified resources, suggesting that further exploration could uncover new mineral resources. This potential adds an additional layer of opportunity for future growth.
Located in an underexplored gold belt in central Newfoundland, the Gold Anchor Project's strategic position could yield advantageous exploration results, making it a promising venture in a region with growing recognition for gold exploration.
The company has received financial support of $150,000 for 2025 from the Government of Newfoundland and Labrador. Such backing reflects confidence in the project and may facilitate future exploration efforts.